The average price in the Missouri region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in Missouri has increased strongly in the last 6 months. During August, the average price per sq.feet was $116. The following month (September) the price increased to $125 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from $120.5 to $125.5 per sq.feet. In the last two months, the price per sq.feet has had a significant increase of 156 %. This has been obtained by comparing the price of $123 for the first four months of the sample with regard to the previous 4 months and the price of $191.5 per sq.feet for the last two months (December, January).
Based upon to the price in Missouri(region), this has increased in the last 6 months. In the first month sample August the average price is $271,968. In September the price was the same at $266,133. The price in the following months (October, November) had a strong increment of 120 % going from $269,050.5 to $323,027.5. During the last two months the average price has remained stagnant and has gone from $296,039 to $289,726 during December and January.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 53 % more affordable than the average price in Missouri followed by those with 2 with an average price of $129,603. The most costly properties have 4 bedrooms. They are 48 % more expensive than the average followed by those properties with 3 bedrooms priced at $222,490.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $109 / sq.feet being $246 / sq.feet the average value within the Missouri region. The properties with the most expensive average price are those with 4 bedrooms. These are 59 % more costly than the average followed by those with 3 bedrooms with a price of $141 / sq.feet.
The graph displaying the average price according to the property type shows "Condo" as the cheapest one. With an average cost of $245,338 it is 17 % more affordable than the average in Missouri. This is followed by "House" with a price of $265,164. The dearest property type is "Commercial" and is 122 % more expensive than the average, followed by "Office" with a cost of $321,644.
Based on the average cost per sq.feet the cheapest property type is "Duplex with a an average cost of $147 / sq.feet, followed by "Condo" with a price of $148 / sq.feet. "Commercial" with an average price of $1,781 / sq.feet is the most costly type of property followed by "Office" at a price of $367 / sq.feet.